Tomorrow morning, as you are starting your first cup of coffee, you turn on the morning news to In a surprise announcement last night, King Abdullah of Saudi Arabia announced that Saudi Arabia would not be able to increase oil production. He urged conservation by oil importing nations. Reaction has been
After cleaning up a messy coffee stain and vainly trying to log onto TOD, what to do?
And what should, and will, the US and the rest of the world do?
Every responsible government will immediately raise gasoline taxes (this excludes the United States of America).
Switzerland will investigate how their 31 billion Swiss franc Alp Transit and related railroad improvements might be speeded up, completing the shift of freight from truck to (hydro).electric rail. Completion by 2020 does not seem quite so comfortable as it did yesterday. German standards for insulation in new construction are adopted and the push for more geothermal heat is intensified. Debate about a new nuclear plant starts anew.
Basically, Switzerland just speeds up along the path that they were already on.
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